IRS extends deadline for amending IRA plans until end of 2027
The IRS issued a notice extending the deadline for making certain amendments to IRAs, SEP arrangements and SIMPLE IRA plans until Dec. 31, 2027.

IRS provided penalty relief to 4.9M taxpayers
The IRS offered relief from failure-to-pay penalties to nearly 5 million taxpayers during the pandemic, but 3.6 million have since taken steps to pay tax debts.

Treasury says it's canceled Booz Allen Hamilton contracts
The Treasury Department canceled $21 million in contracts, alleging the consulting firm failed to protect taxpayer data, including President Trump's tax returns.

IRS kicks off 2026 tax season
The Internal Revenue Service officially opened tax-filing season amid changes from the One Big Beautiful Bill Act and the threat of another government shutdown.

The changing landscape of remote work and state income taxes
States generally assert taxing authority over income based on two core principles: residency and source.

PwC said to resume work on pitches to Saudi fund after ban ends
PwC executives have asked teams to resume pitching for work with Saudi Arabia's Public Investment Fund after a one-year ban expired.

The questions no one is asking about PE
Jennifer Wilson of ConvergenceCoaching cross-examines the potential impact of private equity on accounting firms, and on the profession as a whole.

10 ways to have a better tax season
'Cautious optimism' is the watchword for this tax season — but there's still plenty tax practitioners can do to make it run smoothly.

Capital One agrees to acquire fintech Brex for $5.1B
The bank plans to buy the closely held financial-technology company that focuses on corporate expense management and accounting.

Whitman Transition Advisory merges with C-Suite Impact
Whitman Transition Advisors and C-Suite Impact announced a merger to create a consulting firm under the name Whitman Advisory.